Browsing: Lenders

A wave of suspected hacks using AI agents has spread from major commercial banks to smaller lenders, including savings banks and consumer finance companies.

The financial reporting of listed banks still poses a systemic risk, as regulatory waivers allow lenders to avoid compliance with accounting standards that are widely accepted globally.

Operational transformation, not AI adoption, is the metric that matters in specialist finance, says Crystal SF’s operations director

Nvidia on Monday said it would partner with lenders to help it finance the buildout of AI infrastructure through a series of vehicles totalling more than $500 billion. The consortium, which includes Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR, will serve companies from frontier labs to hyperscalers, Nvidia said.